Ag Growth International Inc. (OTCMKTS:AGGZF) Short Interest Update

Ag Growth International Inc. (OTCMKTS:AGGZF) was the recipient of a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 288,900 shares, an increase of 12.5% from the October 15th total of 256,800 shares. Based on an average trading volume of 2,800 shares, the short-interest ratio is presently 103.2 days.

Ag Growth International Stock Performance

AGGZF stock opened at $36.94 on Friday. The firm has a 50 day moving average price of $37.94 and a 200-day moving average price of $38.03. Ag Growth International has a 52-week low of $33.57 and a 52-week high of $47.11.

Ag Growth International Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were given a $0.1104 dividend. The ex-dividend date of this dividend was Friday, September 27th. This is a boost from Ag Growth International’s previous dividend of $0.11. This represents a yield of 1.08%. Ag Growth International’s dividend payout ratio is 77.61%.

Analysts Set New Price Targets

Separately, Raymond James set a $62.00 price target on shares of Ag Growth International and gave the company a “market perform” rating in a report on Friday, October 18th.

About Ag Growth International

Ag Growth International Inc, together with its subsidiaries, manufactures and sells equipment for the agriculture industry in Canada, the United States, and internationally. It operates through Farm and Commercial segments. The company offers grain, bolted, hopper, and smooth wall bins; temporary storage; unloads and sweeps systems; water tanks; secondary containment systems; fuel tanks; and storage accessories, as well as mixed flow dryers; fans and heaters; aeration products; vents and exhausters; and stirring systems.